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SPENDA LIMITED — Board/Management Information 2012
Dec 6, 2012
65849_rns_2012-12-06_343bf9a0-df11-40b9-8f83-d10bee9619b5.pdf
Board/Management Information
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Motopia Limited ABN 67 099 084 143 Level 10, 446 Collins Street Melbourne VIC 3000 t +61 3 8678 1746 f +61 3 8678 1747
**ASX
ANNOUNCEMENT**
**Market
Update**
7
December 2012
As previously announced on 6 December 2012, at the Company’s Annual General Meeting (AGM) held yesterday shareholders overwhelmingly supported the re-‐election of Mr Gernot Abl and Dr Michael Green as Directors of Motopia Limited.
Immediately following the AGM members of the Board met with Ms Wendy Syme and her agent, Mr Neil Fleming, to discuss whether the section 249D requisition issued by Ms Syme on the 15[th] of November 2012 ought to be withdrawn given the overwhelming support for the re-‐election of the Directors.
Ms Syme and Mr Fleming confirmed that the section 249D requisition would not be withdrawn.
The Board believes that this is an unfortunate outcome as the Company will now be put to unnecessary and significant cost of holding an Extraordinary General Meeting so soon after the AGM. However, the Company acknowledges Ms Symes right as a shareholder with more than 5% of voting shares in the Company to serve a section 249D requisition.
The Notice of Meeting will be lodged with the ASX on Monday and dispatched to shareholders accordingly.
The Company and Directors would like to thank the shareholders for their support shown during this process and ultimately in the outcome.
_**For
further information contact:**_
Justyn Stedwell Company Secretary T: +61 3 8678 1746 F: +61 3 8678 1747